Piaggio will lease the Aprilia and Vespa scooters by way of OTO Capital in Pune and Bengaluru first. The corporate will supply a low down cost and 30 per cent low cost on EMIs to entice clients in regards to the new leasing programme.
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The lease programme with OTO Capital goals to make Piaggio scooters extra accessible
Piaggio India has partnered with Bengaluru-based OTO Capital the place it affords the choice of leasing Vespa and Aprilia vary of scooters for brand spanking new clients. The leasing service will likely be first made accessible in Pune and Bengaluru and permits clients to accumulate the two-wheeler on month-to-month EMIs with no hefty down cost. Leasing two-wheelers additionally makes the documentation a less complicated course of whereas the month-to-month subscription price covers registration, insurance coverage and upkeep of the car for the lease interval.
Additionally Learn: Ampere Vehicles Partners With OTO Capital To Offer Leasing Plans For Electric Scooters
Commenting on the affiliation, Diego Graffi, Chairman and MD, Piaggio India mentioned, “We welcome the partnership with OTO Capital to facilitate this new mannequin of possession. Now, our discerning clients can get pleasure from fascinating possession choices throughout our premium choices of Vespa and Aprilia. We see versatile possession to be a fascinating new pattern amongst the youth of India and we imagine, Vespa and Aprilia would lead it to increase the premium expertise to the aspirants.”
The month-to-month subscription beneath the lease interval covers the registration, insurance coverage and upkeep of the car
OTO Capital says the Aprilia and Vespa scooters will be leased for a low down cost in comparison with a traditional possession price and with a 30 per cent low cost on the EMI. Moreover, the primary month’s subscription price of ₹ 2,500 will likely be waived off for patrons. Relying on the tenure that ranges between just a few months and three years, clients have the choice to personal the scooter on the finish of the lease interval by paying the distinction quantity or improve to a brand new car as a substitute.
Additionally Learn: OTO Capital Announces My OMI Plan For Flexible Two-Wheeler Financing
The choice of leasing a car solely requires house owners to pay for the variety of months the automotive or two-wheeler has been used, providing a versatile possession alternative. As well as, company clients working with firms which have tied up with OTO Capital may avail tax financial savings. It must be famous that whereas the versatile cost possibility do make automobiles simply accessible beneath lease programmes, the buying price of the car on the finish of the tenure will likely be barely costlier.
Additionally Learn: Vespa Racing Sixties 125 & 150 Special Edition Launched In India
The 2020 Vespa Racing Sixties Version will get the identical mechanicals as the usual mannequin
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Piaggio India not too long ago launched its BS6 line-up of scooters beneath the Italian manufacturers. The corporate adopted it up with the Vespa Racing Sixties Particular Version that introduced new graphics and paint scheme impressed by the motorsport period of the 1960s on the scooters. Piaggio India additionally retails scooters by way of its personal e-commerce platform.
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